Texmaco Rail & Engineering Limited — Share Issue/Capital Change 2021

Feb 23, 2021

Texmaco Rail & Engineering Ltd. Belgharia Works CIN: L29261WB1998PLC087404

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23[rd] February, 2021

National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex Bandra (E), Mumbai – 400051 Symbol - TEXRAIL

BSE Limited P. J. Towers, Dalal Street, Mumbai – 400001 Scrip Code - 533326

Dear Sirs,

We would like to inform you that pursuant to the approval of the Shareholders at the Annual General Meeting held on 30[th] September, 2020, the Capital Issue Committee of the Directors of the Company at its Meeting held on 23[rd] February, 2021, has allotted the following under the preferential issue:

• a. 93,54,839 (Ninety Three Lakhs Fifty Four Thousand Eight Hundred Thirty Nine) Equity Shares of Re. 1 /- each to M/s Adventz Finance Private Limited (‘Adventz Finance’), against the conversion of loan into equity shares availed by the Company from Adventz Finance, and

• b. 1,61,29,031 (One Crore Sixty One Lakhs Twenty Nine Thousand Thirty One) Equity Shares of Re. 1 /- each to Shri Saroj Kumar Poddar against the conversion of loan into equity shares availed by the Company from him.

The issue price for the aforesaid conversion was considered as Rs. 31/- per Equity Share of face value of Re. 1/- each, as approved by the Shareholders and in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Consequent to the allotment, the paid up capital of the Company has increased from 22,48,59,382 Equity Shares of Re. 1/- each to 25,03,43,252 Equity Shares of Re. 1/- each.

This is for your information and record.

Thanking you,

Yours faithfully,

For Texmaco Rail & Engineering Limited

Digitally signed by ASHOK ASHOK KUMAR VIJAY KUMAR VIJAY Date: 2021.02.23 23:04:10 +05'30'

A. K. Vijay Executive Director

Regd. Office : BELGHARIA, KOLKATA 700056, INDIA Ph. +91 33 2569 1500. Fax + 91 33 2541 2448 / 3517 Email: texmail@texmaco.in Website: www.texmaco.in